20 Jan 2016 14:02
LSR Group executes put option for its bonds
LSR Group (LSE: LSRG; MOEX: LSRG) completed buy-back of its Series-04 interest-bearing non-convertible bonds with mandatory safekeeping. The total amount of transaction was RUB 152,036,480. The state registration number is 4-04-55234-E as of 02.11.2011.The bonds were bought back in accordance with the Public Offer as of 23 December 2015.
The total amount of certificated interest-bearing non-convertible bonds with mandatory safekeeping submitted was 152,000.
The total amount of transaction was RUB 152,036,480 including the accrued interest.
Notes to Editors:
PJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials, real estate development and prefab construction. LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg. As of December 31, 2014 (according to Colliers International), the net sellable area of the projects in LSR Group's real estate portfolio is equal to 10m m2 with the market value of RUB 135bn. In 2014, the sales revenue of LSR Group amounted to RUB 92,347m (IFRS). LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MOEX.
For more information please contact:
LSR Group Press Service
Tel.: +7 812 333 11 11
E-mail: press@lsrgroup.ru
www.lsrgroup.ru